Delphi Management Inc. MA Has $1.19 Million Stock Holdings in AdvanSix Inc. (NYSE:ASIX)

Delphi Management Inc. MA boosted its stake in AdvanSix Inc. (NYSE:ASIX) by 806.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 41,790 shares of the company’s stock after buying an additional 37,182 shares during the period. Delphi Management Inc. MA owned approximately 0.16% of AdvanSix worth $1,191,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. FMR LLC increased its position in AdvanSix by 86.2% during the third quarter. FMR LLC now owns 565,982 shares of the company’s stock worth $17,195,000 after acquiring an additional 261,964 shares during the period. Wellington Management Group LLP grew its holdings in shares of AdvanSix by 48.6% during the 3rd quarter. Wellington Management Group LLP now owns 469,685 shares of the company’s stock worth $14,269,000 after purchasing an additional 153,686 shares in the last quarter. Oliver Luxxe Assets LLC bought a new position in shares of AdvanSix in the fourth quarter worth $1,403,000. Wealthfront Advisers LLC acquired a new position in AdvanSix in the fourth quarter valued at about $1,337,000. Finally, Barclays PLC lifted its position in AdvanSix by 319.2% during the third quarter. Barclays PLC now owns 42,952 shares of the company’s stock worth $1,305,000 after purchasing an additional 32,706 shares during the period. 86.39% of the stock is owned by institutional investors.

Insider Buying and Selling

In other AdvanSix news, CEO Erin N. Kane sold 5,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $30.19, for a total value of $150,950.00. Following the completion of the transaction, the chief executive officer now owns 502,795 shares of the company’s stock, valued at $15,179,381.05. This represents a 0.98 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.60% of the stock is owned by corporate insiders.

AdvanSix Trading Up 0.2 %

Shares of ASIX stock opened at $24.10 on Tuesday. AdvanSix Inc. has a fifty-two week low of $20.86 and a fifty-two week high of $33.00. The stock’s fifty day moving average price is $28.90 and its two-hundred day moving average price is $29.43. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.49 and a current ratio of 1.08. The company has a market cap of $644.58 million, a PE ratio of 14.97 and a beta of 1.73.

AdvanSix (NYSE:ASIX) last released its quarterly earnings data on Friday, February 21st. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.40. The business had revenue of $329.06 million for the quarter, compared to analyst estimates of $377.15 million. AdvanSix had a return on equity of 6.26% and a net margin of 2.91%. Equities analysts predict that AdvanSix Inc. will post 4 EPS for the current fiscal year.

AdvanSix Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 10th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.66%. The ex-dividend date is Monday, March 10th. AdvanSix’s dividend payout ratio (DPR) is presently 39.75%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of AdvanSix from a “hold” rating to a “buy” rating in a report on Wednesday, December 4th.

About AdvanSix

AdvanSix Inc engages in the manufacture and sale of polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics, and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, monoisopropylamine, dipropylamine, monoallylamine, alpha-methylstyrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide.